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Mixed-Use Property with Storefront
New
For Sale
$849,000

16-18 KING STREET W, Shippensburg, PA 17257

Five commercial spaces and three apartments create a diversified downtown occupancy profile with on-site parking.

Property Size15,510 SF
Price / SF$54.74
Days on Market3

Property Features for 16-18 KING STREET W

General Information

Standard status Active
Size 15,510 SF
Property subtype Commercial

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Units

Unit Mix 1 x 3BR/2BA, 2 x 2BR/1BA
Multifamily Units 3

Amenities

shared laundry area
on-site parking

Building Details

Year Built 1900
Tenancy Multi
Listing Agency: RE/MAX 1st Advantage
Listed By: Kelly Shulenberger
Source: Cummingsrealtors
Added: Sep 1 Changed: Sep 3 Last Checked: Sep 3 at 2:23AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX 1st Advantage

Investment Insights

Based on property information with market context.

This 15,510-square-foot mixed-use property, built in 1900, combines five commercial spaces with three residential apartments. The commercial component includes a street-level storefront, separate entrances, varied layouts, kitchens, and ADA-compliant bathrooms. Residential accommodations consist of one three-bedroom, two-bath apartment and two two-bedroom, one-bath apartments, with a shared laundry area containing two washers and two dryers.

The property is located at 16-18 W King Street along Shippensburg’s downtown commercial corridor, with on-site parking and access to the surrounding Cumberland Valley, I-81, and Shippensburg University. Public water and sewer serve the building, while utilities are separately metered. Improvements include updates to HVAC, plumbing, electrical systems, and commercial kitchens. Individual units have 200-amp electric service, with 3-phase electric service also available.

Key Highlights

  • 15,510 square feet of mixed‑use space at 16‑18 W King Street
  • Five commercial spaces plus three apartments: one 3‑bedroom, 2‑bath unit and two 2‑bedroom, 1‑bath units
  • Street‑level storefront and additional commercial areas with separate entrances

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Dental Office Kitchen & Bath Showroom Electrical Service HVAC Service Spa & Massage Center Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

588
Businesses Nearby

Demographics for 17257, PA

28,673
Population
11,528
Households
2.5
Avg Household Size
34
Median Age
23%
College-Educated
88%
High-School Grad
115.2 sq mi
ZIP Area
249
Density / Sq Mi
$71,504
Median Household Income
$37,061
Median Earnings
$1,058
Median Rent
$219,200
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Five commercial spaces and three apartments create a diversified downtown occupancy profile with on-site parking.
Where is this mixed-use property located?
The property is located at 16-18 KING STREET W Shippensburg, PA.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: 15,510 square feet of mixed‑use space at 16‑18 W King Street; Five commercial spaces plus three apartments: one 3‑bedroom, 2‑bath unit and two 2‑bedroom, 1‑bath units; Street‑level storefront and additional commercial areas with separate entrances
More about this property
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